Altium (AU:ALU) has released an update.
Renesas Electronics Corporation is set to acquire Altium Limited, with all required regulatory approvals obtained, including the crucial nod from the Committee on Foreign Investment in the United States. The deal is poised for completion on August 1, 2024, pending approval from Altium’s shareholders and the Supreme Court of New South Wales. This acquisition marks a significant milestone for the semiconductor and electronics design industry, promising to shape a limitless technological future.
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